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Global Side Scan Sonars Industry Projected to Reach 3 Million US$ by the End of 2025

The global Side Scan Sonars market is valued at 2 million US$ in 2017 and will reach 3 million US$ by the end of 2025, growing at a CAGR of 3.6% during 2018-2025.

 

City of Industry, CA -- (SBWIRE) -- 08/10/2018 -- This report studies the global Side Scan Sonars market status and forecast, categorizes the global Side Scan Sonars market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

Side-scan sonar (also sometimes called side scan sonar, sidescan sonar, side imaging sonar, side-imaging sonar and bottom classification sonar) is a category of sonar system that is used to efficiently create an image of large areas of the sea floor.

In the coming years there is an increasing demand for Side Scan Sonars in the regions of United States and Europe that is expected to drive the market for more advanced Side Scan Sonars. Growth in government budgets in the principal countries, increasing of commercial fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Side Scan Sonars will drive growth in United States and Europe markets.

Globally, the Side Scan Sonars industry market is concentrated as the manufacturing technology of Side Scan Sonars is relatively matures than some high-tech equipment. And some enterprises, like Klein Marine Systems, EdgeTech, Kongsberg Maritime, etc. are well-known for the wonderful performance of their Side Scan Sonars and related services. At the same time, Europe, occupied 31.24% sales market share in 2017, is remarkable in the global Side Scan Sonars industry because of their market share and technology status of Side Scan Sonars.

The consumption volume of Side Scan Sonars is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Side Scan Sonars industry may not keep that fast. But it is surely forecasted that the market of Side Scan Sonars is still promising.

The global Side Scan Sonars market is valued at 2 million US$ in 2017 and will reach 3 million US$ by the end of 2025, growing at a CAGR of 3.6% during 2018-2025.

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The major manufacturers covered in this report

Klein Marine Systems

EdgeTech

Kongsberg Maritime

Marine Sonic

Imagenex Technology

JW Fishers

Syqwest

DeepVision

C-MAX

Hi-Target

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

Southeast Asia

India

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Single-beam

Multi-beam

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Commercial Application

Underwater Research

Defense & Security

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About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.